56, WELLING ROAD, ORSETT, GRAYS, RM16 3DW - £225,000

Based on the November 2024 Price Paid Data (released on 2nd January 2025), the October 2024 House Price Index (released on 18th December 2024), and the October 2024 Energy Performance of Buildings Data (released on 28th November 2024). Sources

56 WELLING ROAD is a very small detached house of 58m², built sometime between 1976 and 1982. It was last sold for £225,000 in August 2010, which was around 26% below the average August 2010 detached price in the Thurrock local authority area. The most recent EPC inspection was December 2014, where the current energy rating was C, and the potential energy rating was B.

56 WELLING ROAD Sold Prices

Land registry data shows two sales for 56 WELLING ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Thurrock local authority area for the corresponding sale date. Both of the two 56 WELLING ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2010 26 AUG	£225,000	£303,724	26% below HPI
1998 23 APR	£86,500	£109,252	21% below HPI

56 WELLING ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Thurrock local authority area over time, sourced from the HPI. The two 56 WELLING ROAD sales from April 1998 and August 2010 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 1998 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2010 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 56 WELLING ROAD?

56 WELLING ROAD is 58m² according to the EPC inspection conducted in December 2014. This puts it in the smallest 10% of detached houses in Southfields, based on EPC data. The below chart shows the distribution of detached houses by size in Southfields, and where 56 WELLING ROAD lies on this distribution: Less than 1% of detached houses are smaller than 56 WELLING ROAD, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Southfields.

56 WELLING ROAD: Plot and Title Map

56 WELLING ROAD sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 56 WELLING ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 56 WELLING ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 56 WELLING ROAD?

56 WELLING ROAD is located in ORSETT, in the RM16 postcode district. The below map shows the position of No. 56 on WELLING ROAD.